Just noticed something interesting - prediction markets absolutely blew up last week even though the crypto market was getting hammered. Like, transaction volumes hit an all-time high of 26.39 million across the board, which is wild considering the broader crypto sell-off happening at the same time.

Polymarket dominated the action with 13.34 million transactions and $2 billion in volume - that's up 18.4% week-over-week. Kalshi wasn't far behind at 11.88 million transactions and $1.4 billion in volume, up 8.5%. Opinion also showed up with 379,300 transactions. The data from Dune shows that traders are clearly still hungry for speculative plays even when crypto sentiment gets shaky.

It's kind of telling how resilient speculative demand is in crypto markets. When things get volatile, people don't stop trading - they just shift where they're placing their bets. Makes you wonder what the next move will be.